Despite a rough Friday, stocks bounced back a bit last week, and publicly traded asset managers felt some (but not all) of that love.

Jonathan Laurence SteinbergWisdomTree Investments, Inc.CEO

The S&P 500 rose 10.3 percent for the whole week, despite falling 3.4 percent on Friday. By comparison, shares in 20 publicly traded U.S. asset managers tracked by MFWire rose an average of 7.9 percent last week, despite a 3.9 percent drop on Friday.

Yet last week's gains did not compensate for the rest of the February and March pain. Those asset managers' shares have slipped an average of 30.4 percent so far this month (versus 21.2 percent for the S&P 500), 35.1 percent since the market peaked last month (versus 24.9 percent), 29.5 percent year-to-date (versus 21.3 percent), and 16.2 percent year-over-year (versus 9.4 percent).